HighTower Advisors LLC Sells 155,368 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

HighTower Advisors LLC lowered its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 32.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 318,609 shares of the company’s stock after selling 155,368 shares during the quarter. HighTower Advisors LLC owned about 0.09% of SPDR Portfolio Aggregate Bond ETF worth $8,236,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. D.A. Davidson & CO. raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 5.4% during the second quarter. D.A. Davidson & CO. now owns 10,381 shares of the company’s stock worth $266,000 after acquiring an additional 534 shares during the period. Carnegie Investment Counsel boosted its stake in SPDR Portfolio Aggregate Bond ETF by 5.6% in the 2nd quarter. Carnegie Investment Counsel now owns 53,379 shares of the company’s stock worth $1,366,000 after purchasing an additional 2,850 shares during the period. Focus Partners Advisor Solutions LLC increased its holdings in SPDR Portfolio Aggregate Bond ETF by 3.3% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 16,091 shares of the company’s stock worth $412,000 after purchasing an additional 514 shares in the last quarter. Banco Santander S.A. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 31.0% in the 2nd quarter. Banco Santander S.A. now owns 1,124,585 shares of the company’s stock valued at $28,789,000 after purchasing an additional 265,912 shares during the period. Finally, Wealth Watch Advisors INC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 805.6% in the second quarter. Wealth Watch Advisors INC now owns 237,555 shares of the company’s stock valued at $6,081,000 after purchasing an additional 211,324 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPAB stock opened at $26.02 on Monday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.16. The business has a 50-day moving average of $25.82 and a 200-day moving average of $25.83.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.082 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.